According to Goodman, Fandt, Michlitsch and Lewis in their book Management: Challenges for Tomorrow's Leaders, management is defined as the process of monitoring and coordinating resources effectively, efficiently and in an effort to achieve the goals of the organization. Resources include people, money, raw materials, technology and processes. Managers are responsible to coordinate these resources and establish goals for the organization. What do managers do? Essentially, managers perform these basic functions:planning, organizing, leading and controlling (POLC). The following is a good article which I have taken from Citeman.Communities newsletter briefly explaining the basic functions of management
Functions of Managers
The
functions of managers provide a useful structure for organizing management
knowledge. There have been no ideas, research findings, or techniques that
cannot readily be placed in the classifications of planning, organizing,
staffing, leading, and controlling.
Planning
involves selecting missions and objectives and the actions to achieve them; it
requires decision making, which is choosing future courses of action from the
alternatives. There are various types of plans, ranging from overall purposes
and objectives to the most detailed actions to be taken, such as ordering a
special stainless steel bolt for an instrument or hiring and training workers
for an assembly line. No real plan exists until a decision a commitment of
human or material resources or reputation has been made. Before a decision is
made, all that exists is a planning study, an analysis or a proposal; there is
no real plan. The various aspects of planning further.
People
working together in groups to achieve some goal must have roles to play, much
like the parts actors fill in a drama, whether these roles are the ones they
develop themselves, are accidental or haphazard or are defined and structure by
someone who wants to make sure that people contribute in a specific way to
group effort. The concept of a role implies that what people do have a definite
purpose or objective; they know how their job objective fits into group effort,
and they have the necessary authority, tools and information to accomplish the
task.
This
can be seen in as simple a group effort as setting up camp on a fishing
expedition. Everyone could do anything he or she wanted to do, but activity
would almost certainly be more effective and certain tasks would be less likely
to be left undone if one or two persons were given the job of gathering
firewood, others the assignment of getting water, a few others the task of
starting a fire, the job of cooking and so on.
Organizing
then, is that part of managing that involves establishing an intentional
structure of roles for people to fill in an organization. It is intentional in
the sense of making sure that all the tasks necessary to accomplish goals are
assigned, and it is hoped, assigned to people who can execute them best.
The
purpose of an organization structure is to help in creating an environment for
human performance.
Designing
an effective organization structure is not an easy managerial task. Many problems
are encountered in making structures fit situations, including both defining
the kinds of jobs that must be done and finding the people to do them.
Staffing
involves filling, and keeping filled, the positions in the organizational
structure. This is done by identifying work force requirements, inventorying
the people available, and recruiting, selecting, placing, promoting appraising
, planning the careers of, compensating and training or otherwise developing
both candidates and current jobholders so that tasks are accomplished
effectively and efficiently.
Leading
is influencing people so that they will contribute to the organization and
group goals it has to do predominantly with the interpersonal aspect of
managing. All managers would agree that their most important problems arise
from people – their desires and attitudes to their behaviour as individuals and
in groups and those effective managers also need to be effective leaders. Since
leadership implies followership and people tend to follow those who offer a
means of satisfying their own needs, wishes and desires, it is understandable
that leading involves motivation, leadership styles and approaches and
communication.
Controlling
is measuring and correcting individual and organizational performance to ensure
that events conform to plans. It involves measuring performance against goals
and plans, showing where deviations from standards exist and helping to correct
deviations from standards. In short, controlling facilitates the accomplishment
of plans. Although planning must precede controlling, plans are not self-
achieving. Plans guide managers in the use of resources to accomplish specific
goals, then activities are checked to determine whether they conform to the
plans.
Control
activities generally relate to the measurement of achievement. Some means of
controlling like the budget for expenses, inspection records, and the record of
labour hours lost are generally familiar. Each measures, and each shows whether
plans are working out. If deviations persist correction is indicated. But what
is corrected? Nothing can be done about reducing scrap, for example, or buying
according to specifications or handling sales returns unless one knows who is
responsible for these functions Compelling events to conform to plans means
locating the persons who are responsible for results that differ from planned
action and them taking the necessary steps to improve performance. Thus,
outcomes are controlled by controlling what people do.
source: http://www.citeman.com/20968-functions-of-managers.html#ixzz1uRCato93